Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.91B |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$469M |
| 3 |
NVIDIA
NVDA
|
+$461M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$461M |
| 5 |
Citigroup
C
|
+$304M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.29B |
| 2 |
Tesla
TSLA
|
+$303M |
| 3 |
Meta Platforms (Facebook)
META
|
+$264M |
| 4 |
iShares MSCI Brazil ETF
EWZ
|
+$257M |
| 5 |
Goldman Sachs
GS
|
+$247M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.27% |
| 2 | Consumer Discretionary | 0.93% |
| 3 | Financials | 0.8% |
| 4 | Communication Services | 0.59% |
| 5 | Healthcare | 0.52% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
CALL
Alibaba
BABA
$304B
| $1.72B | 0.68% |
12,535,800
-3,363,300
| -21% | -$497M |
|
27
CALL
Microsoft
MSFT
$3.71T
| $1.69B | 0.67% |
16,599,800
+1,849,200
| +13% | +$198M |
|
|
28
PUT
Microsoft
MSFT
$3.71T
| $1.44B | 0.57% |
14,129,500
+5,929,700
| +72% | +$635M |
|
29
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$41.6B
| $1.36B | 0.54% |
11,185,500
+2,786,100
| +33% | +$322M |
|
30
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$228M
| $1.35B | 0.53% |
6,585
+1,019
| +18% | +$150M |
|
31
PUT
Boeing
BA
$184B
| $1.2B | 0.48% |
3,716,000
+188,000
| +5% | +$64.9M |
|
|
32
PUT
NVIDIA
NVDA
$5.3T
| $1.07B | 0.43% |
321,412,000
+55,200,000
| +21% | +$264M |
|
|
VXX
33
CALL
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $972M | 0.39% |
20,723,900
+6,121,900
| +42% | +$227M |
|
34
CALL
Norfolk Southern
NSC
$76.9B
| $968M | 0.38% |
6,471,600
-397,900
| -6% | -$65.4M |
|
|
35
PUT
iShares MSCI EAFE ETF
EFA
$79.4B
| $965M | 0.38% |
16,412,500
+3,386,500
| +26% | +$212M |
|
36
CALL
SPDR Gold Trust
GLD
$138B
| $939M | 0.37% |
7,745,200
+1,420,000
| +22% | +$165M |
|
|
37
CALL
NVIDIA
NVDA
$5.3T
| $925M | 0.37% |
277,096,000
-16,472,000
| -6% | -$78.8M |
|
38
PUT
Micron Technology
MU
$996B
| $917M | 0.36% |
28,901,800
+455,000
| +2% | +$17.2M |
|
|
39
CALL
Boeing
BA
$184B
| $873M | 0.35% |
2,708,500
+439,900
| +19% | +$152M |
|
40
CALL
Union Pacific
UNP
$175B
| $870M | 0.35% |
6,296,400
-488,800
| -7% | -$72.4M |
|
41
PUT
Bank of America
BAC
$441B
| $821M | 0.33% |
33,317,200
-12,021,800
| -27% | -$326M |
|
|
XYZ
42
PUT
Block Inc
XYZ
$47B
| $775M | 0.31% |
13,816,000
+4,117,900
| +42% | +$291M |
|
43
PUT
Intuitive Surgical
ISRG
$132B
| $760M | 0.3% |
4,760,700
+45,900
| +1% | +$7.78M |
|
44
PUT
Berkshire Hathaway Class B
BRK.B
$1.13T
| $742M | 0.29% |
3,632,700
+850,700
| +31% | +$178M |
|
45
PUT
Advanced Micro Devices
AMD
$798B
| $725M | 0.29% |
39,269,400
+4,367,900
| +13% | +$94.4M |
|
|
46
PUT
Citigroup
C
$224B
| $717M | 0.28% |
13,774,800
+2,827,200
| +26% | +$179M |
|
|
47
CALL
Bank of America
BAC
$441B
| $705M | 0.28% |
28,631,300
+2,790,700
| +11% | +$75.7M |
|
48
CALL
Procter & Gamble
PG
$342B
| $683M | 0.27% |
7,433,200
+441,700
| +6% | +$39.5M |
|
49
PUT
JPMorgan Chase
JPM
$947B
| $681M | 0.27% |
6,978,400
+2,333,300
| +50% | +$249M |
|
50
PUT
iShares MSCI Emerging Markets ETF
EEM
$29.2B
| $671M | 0.27% |
17,171,800
-1,630,400
| -9% | -$65.3M |
|
Similar funds
Susquehanna International Group's Q4 2018 Portfolio in Review
As of Q4 2018, Susquehanna International Group held 10,809 positions worth $252B, down 17% from $304B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Susquehanna International Group's Q4 2018 filing shows 1,721 new, 3,152 increased, 3,864 reduced and 1,984 closed positions. Its largest new stake was iShares MSCI EAFE ETF: 7,515,967 shares worth $442M. The largest sale was Amazon, an estimated $1.29B.
By sector, the portfolio is most concentrated in Technology at 2.3% of assets, up from 1.3% a quarter earlier, followed by Consumer Discretionary and Financials.
- Susquehanna International Group's largest Q4 2018 buy was iShares MSCI EAFE ETF: 7,515,967 shares worth $442M.
- Susquehanna International Group added most to Apple in Q4 2018, an estimated $2.91B increase.
- Susquehanna International Group's biggest Q4 2018 reduction was Amazon, cutting an estimated $1.29B.
- Susquehanna International Group fully exited Tesla in Q4 2018, selling an estimated $303M.
- Susquehanna International Group's ten largest holdings make up 26% of its $252B portfolio in Q4 2018.
- Susquehanna International Group opened 1,721 new positions and closed 1,984 in Q4 2018.
- Susquehanna International Group's portfolio value fell 17% quarter-over-quarter to $252B.
Based on Susquehanna International Group's 13F filing for Q4 2018, filed 14 Feb 2019.